Coinbase UK 2018 profits estimated to be $173 million while net profit is placed at $7.5 million. Coinbase UK rakes in almost a third of Coinbase total revenue. According to a recent report by Reuters, Coinbase United Kingdom branch ranked in $520 million in profit in 2018. The data provided by the UK’s corporate registry indicates that the firm saw a 20% increase in profits in 2018 represent a total profit of $173 million. The report suggests that the UK branch of the exchanged ranked in almost a third of the total revenue recorded by Coinbase. Reuters spoke with the CEO of Coinbase UK, Zeeshan Feroz who confirmed the figures. Moreover, the UK’s corporate registry data shows that Coinbase UK posted a net profit of $7.5 million. The report by Reuters said that other firms in the cryptocurrency industry also posted high profit margins. Moreover, venture funds are continuing to sink money in millions of dollars in support of the distributed ledger technologies and other crypto ventures. Another report conducted for Reuters by PitchBook says that the highest investment in 2018 was $2.4 billion while a total of $850 million was put in crypto related companies in the same year. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Canada: Retail sales edged up in February – RBC FX Street 4 years Coinbase UK 2018 profits estimated to be $173 million while net profit is placed at $7.5 million. Coinbase UK rakes in almost a third of Coinbase total revenue. According to a recent report by Reuters, Coinbase United Kingdom branch ranked in $520 million in profit in 2018. The data provided by the UK's corporate registry indicates that the firm saw a 20% increase in profits in 2018 represent a total profit of $173 million. The report suggests that the UK branch of the exchanged ranked in almost a third of the total revenue recorded by Coinbase. Reuters spoke with the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
